Business development as an example of changing the product strategy of a company in the metallurgical industry

2021 ◽  
Vol 2021 (5) ◽  
pp. 99-113
Author(s):  
Ivan Trifonov ◽  
2018 ◽  
Vol 4 (2) ◽  
pp. 37-45
Author(s):  
Nurul Qomariyah

Violations of business ethics that occur at this time, become a problem in itself. One of the factors supporting the occurrence of these violations is due to lack of basic knowledge about business ethics and the freedom of business people in carrying out economic activities, as a result many business people are competing in improving market mechanisms, Business should be assessed from a moral standpoint, just like all other human activities also seen from a moral standpoint. Because when not looking at the moral aspect of doing business, business people only think about how to increase sales turnover, and not only increase turnover, but also do things that are not ethical, such as: bribery, corruption, collusion and nepotism, it makes people uneasy . Adverse effects that will occur if a company is immoral and enforces the norms that apply in business ethics then it can have an impact on consumers' distrust of their products and can complicate business development again. Key words : Violation, Bussines ethic, case


2018 ◽  
Vol 15 (1) ◽  
pp. 1-11 ◽  
Author(s):  
Taciana De Barros Jerônimo ◽  
Fagner José Coutinho de Melo ◽  
Joás Tomaz de Aquino ◽  
André Philippi Gonzaga de Albuquerque ◽  
Denise Dumke de Medeiros

This article aims to analyze the characteristics of a community of practice focused on the quality of management decision making in a company in the metallurgical industry, which is a company of cutting and bending steel for construction. Quality management requires greater flexibility in the activities, information sharing, skills development of individuals, and engagement among employees. The scientific method adopted was the descriptive cross-analysis case study, whose data was collected through semi-structured interviews conducted with 180 individuals. It was observed that the creation of communities of practice does not occur at random, and its main features are defined identity of shared interest; the way to build the image belonging to a particular social group; and involvement in joint activities that allow them to learn from each other.


2017 ◽  
Vol 6 (2) ◽  
pp. 123
Author(s):  
Nino Orjonikidze ◽  
Nino Liparteliani

At contemporary stage leasing has formed as one of the dynamically growing trend that encourages investment progressions throughout the world business development. In the modern world, leasing acts as a multimillion industry. 80% of companies in developed countries use this financial instrument. 1/3 of investments in fixed assets are accomplished by means of leasing. Leasing companies have quite diverse business and operations. All these depend on lease term, type of relation, form of object, organizational structure of a company, etc. Leasing essentially is a whole complex of three simultaneously executed operations (lease, crediting and material support). At certain point, leasing is similar to credit, which is given to buy an object. Consequently, it may be called a property credit. Nowadays, in Georgia, banking credit is more well-known than leasing, in spite of the fact that for entrepreneurs leasing is more convenience than banking credit.


2018 ◽  
Vol 4 (2) ◽  
pp. 45-53
Author(s):  
Nurul Qomariyah

Violations of business ethics that occur at this time, become a problem in itself. One of the factors supporting the occurrence of these violations is due to lack of basic knowledge about business ethics and the freedom of business people in carrying out economic activities, as a result many business people are competing in improving market mechanisms, Business should be assessed from a moral standpoint, just like all other human activities also seen from a moral standpoint. Because when not looking at the moral aspect of doing business, business people only think about how to increase sales turnover, and not only increase turnover, but also do things that are not ethical, such as: bribery, corruption, collusion and nepotism, it makes people uneasy . Adverse effects that will occur if a company is immoral and enforces the norms that apply in business ethics then it can have an impact on consumers' distrust of their products and can complicate business development again. Key words : Violation, Bussines ethic, case


10.5912/jcb43 ◽  
1969 ◽  
Vol 9 (4) ◽  
Author(s):  
James A Geraghty

This paper looks at the challenges, opportunities and strategies involved in building a global biotechnology company. There is no single global strategy that will answer all companies' needs; instead strategies will be dictated by the individual business development plans of a company, its products and its values.


2015 ◽  
Vol 53 (7) ◽  
pp. 1412-1429 ◽  
Author(s):  
Antonio Muñoz-Porcar ◽  
Mª Jesús Alonso-Nuez ◽  
Mónica Flores-García ◽  
Daniel Duret-Solanas

Purpose – The purpose of this paper is the application of a tool to assist the multi-criteria decision-making process for selecting an asset for a company in the metallurgical industry which manufactures metal parts for diverse industries. Design/methodology/approach – This investment, complex due to the commitment of resources it requires, has been made with the assistance of decision-making methodologies, specifically versions I and IV of the ELECTRE method. Findings – This model of multi-criteria decision making has been chosen over other models because it offers the possibility of including technical and economic decisions so they can be analyzed simultaneously, therefore the decision is not based solely on financial aspects. Many companies base their decisions exclusively on financial returns, however in this case it is also appropriate to include the technical parameters, since the asset being replaced is the most important asset of the company. Originality/value – Applying version I of the methodology, the optimal technical configuration of the asset will be analyzed based on the features requirements, all of which are among options available in the market. Once a subset of technically and economically viable alternatives has been defined, version IV will be applied and a ranking of the alternatives from the best to the worst will be obtained and, based on this ranking, the final decision will be made.


2021 ◽  
Vol 9 (3) ◽  
pp. 61-65
Author(s):  
Diana Yusupova ◽  
Sergey Muzalev

Background. Machine learning is a promising field for organization in the age of development of high-tech methods of management and organization of the company. As a rule, this term is used in relation to artificial intelligence, namely, machines that could learn independently. Thus, the main goal of this work is to assess the prospects for using these methods for solving various problems in a corporation. Methods. The article introduces the main methods of machine learning, their analysis, linear and non-linear learning methods are given, their use in practice is indicated, and the key advantages of using a trained artificial intelligence in a company are identified. Result. As a result, the author proposes ways of using machine learning methods in a firm, analyzes their advantages and disadvantages, identifies the problems of implementing artificial intelligence learning opportunities in practice.


2021 ◽  
Vol 7 (3) ◽  
pp. 37-45
Author(s):  
Svitlana Birbirenko ◽  
Galina Tolkachova

The COVID-19 pandemic has ultimately changed the course of global economic functions, including the Ukrainian ones. The consequences caused by the pandemic significantly affected companies’ economic sustainability and reflected the urgent need to assess economic sustainability in order to determine its level and further develop theoretical and methodological aspects of Strategic Enterprise Management. This article is aimed at developing a scientific and methodological approach to comprehensively assess the economic stability of a telecommunications company that operates under modern market conditions. Methods. A study was conducted within the scope of existing techniques used to assess economic stability and, thus, the lack of generally accepted assessment methods was observed. A set of indicators to assess the economic stability of the telecommunications company was formed through financial analysis, taking into account the industry practices of communications service provider’s functioning. Comprehensive assessment of the economic stability of telecommunications companies was carried out using a statistical data analysis technique – regression analysis. 2016-2020 financial reports and statistical data provided by examined communications service providers from the State Statistics Service of Ukraine and the National Commission of Ukraine for the State Regulation of Communications and Informatization were used as outcoming data. Study results. As part of the study, the existing assessment methods were analyzed, which made it possible to organize, systematize, and identify their advantages and disadvantages. A set of indicators to assess economic stability of a telecommunications company was formed, indicating the selection criteria and identifying dependence on the presence of a communications service provider at a certain stage of its business development. A scientific and methodological approach to a comprehensive assessment of the economic stability of telecommunications companies taking into account their industry characteristics has been developed. Conclusions. The created scientific and methodological approach to assess economic stability of the telecommunications company comprehensively makes it possible to determine the level of economic stability depending on the stage of business development of a company. The assessment performed is a key factor that must be taken into account when developing strategic management of a company that operates in the context of market transformations.


10.12737/418 ◽  
2013 ◽  
Vol 1 (1) ◽  
pp. 1-10
Author(s):  
Андрей Гусев ◽  
Andrey Gusev

The main idea of this article is to make an overview of most important questions in the area of value based management. Current trends in business development (in terms of strategic value creation) should be taken into account when a company is a subject of selling or buying. Basic analytic instruments in value management are discussed.


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